SQ Trade on Apr 8, 2020 10:24 from TheDumo27: Tradervue User Stock Trades.

I had been watching SQ all morning looking for my trade plan to setup but it was oddly moving against the market so i didnt like the price action. I told myself i wasnt going to trade it because of that as well. After my BABA trade i was just watching intraday levels looking for something to line up. I wasnt seeing anything lining up all morning so i should have walked away for a bit seeing as i had a good trade already. But i saw SQ approaching 54 where it had rejected a couple times already. I saw $ADD and $TICK leveling off and /ES dropping back below the weekly cloud bottom so i entered SQ with a put looking for that 54 rejection. It quickly broke 54 and the other indicators confirmed that same bullish move so i closed for a small loss.

Entry: D
It was a potential play based off what i was seeing but again this was not a higher probability setup and the earlier price action should have kept me away from it.

Exit: A
This was a good cut for me and i did not hesitate at all. No emotions were tied to the cut which is a good feeling and a large step in the right direction for me.

Emotions: C
I was not patient for the trade and kind of forced a trade plan. This may not be a bad trade if i had more capital to play with but this used up the last bit i had for the day. I knew i should have held the capital for a potentially better play later on. The positive with the trade was how quickly and emotionless i got out. I look at trades like this as more positive experience for my issues with cutting losses. So far so good this week.